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with the fiscal cliff right now and government needs to be taking an active role. for instarngs the clean energy sector of our economy. so that's, you know, where government can play a role. ultimately it's going to be up to the businesses themselves, business owners themselves and have the confidence to move forward, but there is a very positive role for government and they have to make decisions. is this particular policy decision going to directly affect the job creators, the small business owners in this country or not? >> thank you, guys, for ending 2012 with us. we will surely see you back at the end of 2013. hopefully you'll have a survey that shows us things have improved. thank as lot and happy new year. >>> the holiday season brings in big consumer business across the nation but for seasonal businesses it's also a time that can make or break their company, so what can they do to spread sales more evenly throughout the year? well, one north carolina clothing line that specializes in holiday pajamas for the holiday family is figuring out how to do it. ♪ the pajama game is the game i'm
as investors react to the impending fiscal cliff. and right now president obama leaving for hawaii without a deal. and this is a live look at joint base andrews right now. both the president and house speaker john boehner commenting just in the little while on any possibility, any chances of reaching a deal on capitol hill. stay close. this holiday, share everything. share "not even close." share "you owe me..." share "just right." the share everything plan. shareable data across 10 devices with unlimited talk and text. hurry in for a droid razr m by motorola for $49.99. but they have to use special care in keeping the denture clean. dentures are very different to real teeth. they're about 10 times softer and may have surface pores where bacteria can multiply. polident is designed to clean dentures daily. its unique micro-clean formula kills 99.9% of odor causing bacteria and helps dissolve stains, cleaning in a better way than brushing with toothpaste. that's why i recommend using polident. [ male announcer ] polident. cleaner, fresher, brighter every day. [ male announcer ] polident. nfc
now. >>> all right. let's first look at the market reaction to this fiscal cliff stuff. jackie joins us with the details. good evening, jackie. >> good evening to you, larry. while markets finished lower on the day, they were higher on the week. the dow up about .5%, the nasdaq higher by 1.7%, and the s&p 500 up by roughly 1.2% over the last five days. meantime in terms of sector performance, the financials, they had a rough day. the plan "b" proposal for the fiscal cliff. up more than 3% for the week. also technology and materials they finished lower on the day, as well, but higher for the week. the worst-performing sectors this week, consumer staples, telco, and health care, and in terms of the individual stocks that we were watching on the s&p 500 nyse was bigger with a 30% upside after news of that $8.2 billion deal to be acquired by the intercontinental exchange. to the downside, it was electronic arts logging a loss on concerns there will be more scrutiny on violent video games in the coming days and weeks after that tragedy at sandy hook, elementary school. >> many thanks, app
in compromise. and they've lurched too far to the right. we begin with where things stand on the fiscal cliff, msnbc political analyst and msnbc contributor jared bernstein. jentle men, president obama tonight said he had spoken with speaker boehner in addition to senate majority leader harry reed. >> i just spoke to speaker boehner and i also met with senator reed. in the next few days, i've asked leaders of congress to work towards a package that prevents a tax hike on middle class americans, protects unemployment insurance for two million americans and lays the groundwork for further work on both growth and deficit reduction. >> jared, is this actually a setback for the president in so far as the embarrassed speaker with someone at least with whom he was dealing? and now, the president really doesn't have a negotiation partner? >> i do think it's a setback from the nation because the president and speaker boehner were actually moving to a credible, plausible compromise at the very beginning of the week. of course, that's horribly off track now when john boehner decided to go to plan b. i t
the fiscal cliff will be resolved and they rise above. what's the best way to play a fabulous bull market that some think could be unleashed? simple. assuming that everything goes right, the best proxy for the market in 2013 is the blackstone group. the big publicly traded asset firm. why blackstone? a company that i wasn't keen on. the company earns money investing other people's money. private equity funds. at the moment the company has $205 billion in assets under management. that's the difference between where the congress is it's so much. it's as good as it gets. everyone says that. when you see someone who in the business work at blackstone. they are a smart guy. that's the way it is. right now in this not so hot environment all of blackstone products are beating benchmarks. that matters. it's the end of the year. the business is good. in the last two years the company managed to raise 72 billion of new money from investors and greater assets under management, the more money blackstone makes from performance fees. this is how they're doing in an okay but somewhat troubled environmen
if the country were to go over the fiscal cliff. the white house feels they are in a strong position right now, in part because of the president winning re-election, he ran on the platform of increasing taxes on the wealthier americans. there's a sense that if they go over the cliff, the republicans would get the brunt of it. >> did this just get more complex after plan-b failed? if it did get more complex, how will it be handled by the white house and speaker boehner? >> it got more complex for republicans. they passed a one side, quick fix. and they could not get a majority of republicans to support that. the big conclusion being, that democrats, and maybe even a majority of democrats would have to be the ones that pass any legislation coming from the house. so that weakened republicans leverage in this debate. and that was the biggest reaction from plan-b, and it's why the battleground now moves to the senate and we are not probably going to see negotiations direct negotiations between house speaker john boehner and the white house. we are going to see the thing move to the senate first. >>
. is there a plan c or over the fiscal cliff. dan henninger, editorial board member. mary anastasia o'grady and jason riley. where do we stand right now with the collapse of plan b? >> well, it's no fun being john boehner right now. he's still in a tight spot and the concern that the republicans have is that obama's panel strength and as we go over the cliff and tax rates go up. but i really think the buck stops with the president here. when you go into the negotiating sessions, paul and you're expected to make concessions, but you're expect today get something in return and boehner made a major concession on rights and the president is giving him nothing in return to take that to his caucus and say, this is what happened in the horse trading. it's all or nothing, obama seems determined to humiliate the opposition. >> paul: boehner made two concessions, first 800 billion on the table in revenue and don't raise rates when the president said no he, you've got to raise rates. he said okay, a concession on rates, an offer first we'll vote for a million dollar tax increase on those making
. people are nervous aboutthe fiscal cliff. you say we will trade at. >> i've seen the nancial stocks, which are a very important indicator of the rket. they have been very strong, and living today. weave seen some nice follow-through from companies like goldman that finally have been ablto get above key technical leels. also there is no recall when addressing. the window dressing is the group , loss on wall street among the money managers say let's get th market really strong for the end of the year. we want to see nice numbers, and gerri: you guys do nothing and fundamentals anymore. it's amazing to me. >> you're right, and that is part of the problem with the street, but tose two are bottom-up fundamental analysts, we really like the guidance that we saw that came out of it. many of these industrialmulti complex companies that are very importaat indicators. gerri: liket when you talk but companies like those, because those are real companies. illinois tolworks, fundamental company manufacturing, doing all the right stuff i want to get you, though, to an intesting list that came out
of the economic times. people are struggling and right now, washington is fixated on the fiscal cliff negotiations. obama left today to go to hawaii for the holidays and they're sort of fixated on that. i do know that yesterday the congressional leadership officially received their inauguration invites so at least we have a step in the right direction. >> eva longoria has been a huge supporter of the administration for this admin striegz and she was a tweet meister. >> she's co-chair. she came out big for obama and fund-raising for him and she helped with the latino vote which came out really strong in support of obama. so i think this inauguration and the party is really her payoff for the sweat equity she put into it. >> give us a peek behind the factory doors here and what's in the plans that we don't know about and who will be invited and those sorts of things. in the past there was the huge party or huge concert in 2009. that's not going to happen this year. this year it's really -- and i haven't heard a peep about the inauguration so far. i think it's really going to be toned down. abvowsly,
. as we quickly approach the fiscal cliff, president obama issues a new proposal to congress. plus, one week after the deadly school shooting in newtown, connecticut, communities across the nation and around the world pay tribute to the victims. and the national rifle association speaks out for the first time since the attack. it proposes a controversial plan to prevent similar mass shootings. let's go "outfront." good evening. i'm soledad eye brine in for erin burnett. "outfront," lowering expectations ten days before we fall off the fiscal cliff, and there is still no deal in sight. tonight, president obama urged congress to broker a scaled-down deal. >> i just spoke to speaker boehner and i also met with senator reid. in the next few days i've asked leaders of congress to work toward a package that prevents a tax hike on middle-class americans, protects unemployment insurance for 2 million americans, and lays the groundwork for further work on both growth and deficit reduction. that's an achievable goal. that can get done in ten days. >> yesterday the house speaker john boehner faile
. regarding the fiscal cliff, i disagree with some of the ideas that you actually concur with. a lot of right-wing people are considered christian conservatives. we cannot apply those two situations such as the fiscal cliff. this is mark 12:41. many who were rich cast in much for the treasury. in this economy and give it to people who aren't producing that's not a good formula for making the economy grow. let's get back to a system that taxes people fairly but gives america an advantage in the rest of the world. let's face it, the united states isn't just competing with each other we're competing with other countries trying to catch up with us. and one of the points in my book is we've got to get serious in this nation about being a competitive nation to outcompete the other count tris to trying to catch up with us. >> jeff: steven moore is our guest. senior economics writer at the "wall street journal." we've got this tweet from right wing. >> i'm so impressed you're tweeting on c-span. >> we're big-time here at c-span. right wing says. and you're telling them they're going to pay 2500 a ye
are heading into christmas break without an end to the fiscal cliff. >> this is something within our capacity to solve. it does not take that much work. we just have to do the right thing. >> because of the political divide in the country, because of the divide here in washington, trying to bridge these differences has been difficult. >> republican house speaker said it is up to president barack obama and senate democrats to draft a deal. >>> growing pessimism about a deal getting tk-b sent stocks into a tail spin. the dow suffered triple digit losses and the nasdaq took a hit falling 29. california's unemployment rate is below 10% for the first time in almost four years. the latest unemployment rate dropped to 9.8% in november. down from 10.1 in october. jobless rate has not been this low since jan of 2009. some economists predicted california's unemphroeupl rate would remain in double digits through 2013. the fiscal cliff, mixed with lower unemployment and adding the mood with shoppers is leaving experts baffled by the direction of the economy. our consumer editor explains how the coming da
to go before america goes over a fiscal cliff. an outcome looking more likely every hour. washington's willingness to take america to the brink threatens its prosperity. i'm ali velshi. this is "your money." the latest negotiations comes down to useless symbolic moves and haggling between grown men. put bluntly, your elected officials are wasting time while the clock ticks. house speaker john boehner announced his plan b to let bush-era tax cuts expire for earners making more than a million dollars a year. and he wants to replace automatic cuts in defense spending set to start early next year with unspecified cuts elsewhere. the speaker pulled his so-called plan b for lack of support from his own party because many republicans still beholden to grover norquist and that ridiculous pledge want no compromise at all. the debate between the two sides centers around a balanced approach to the budget. republicans say president obama wants too much revenue. that's taxes in normal speak. and not enough cuts. >> at some point we have to address the spending problem we have. we can't cut our wa
. lawmakers need to compromise but he also made clear as of right now when it comes to the fiscal cliff and avoiding it, there is no deal. >> so as we leave town for a few days to be with our families for the holidays, i hope it gives everybody some perspective. everybody can cool off. everybody can drink some eggnog, have some christmas cookies, sing some christmas carols. enjoy company of loved ones. and then i would ask every member of congress while they're back home to think about that. think about the obligations we have to the people who sent us here. think about the hardship that some americans will endure if congress does nothing at all. >> it was just a few minutes after the president left the podium that the white house announced he, along with the first lady and his daughters would fly to hawaii for vacation, but, before he left town, yesterday morning, the top republican in the senate, mitch mcconnell said there is the stalemate. since there is a stalemate. it's the commander and chief's job to figure out how to get that compromise that he just said would benefit everyone.
the fiscal cliff. the president says it would protect middle-class americans from a tax hike, extend unemployment benefits and set a framework for future debt reduction steps. that announcement came after he met with congressional leader. lawmakers will only have a few days to make a deal after they return from christmas break. president obama also announcing john kerry to replace hillary clinton as secretary of state. senator kerry currently chairs the foreign relations committee. president obama credited him with playing a central role in every major foreign policy debate for nearly 30 years and called on the senate to swiftly confirm his nomination. the u.s. marine veteran jailed in mexico on weapons charges is back in the u.s. tonight. his release comes from his mother. he was arrested four months ago after declaring an antique shotgun at the border. mexican authorities said the weapon did not comply with their gun laws. anderson. >> there are obviously going to be more funerals in newtown this weekend. another funeral just tomorrow as monsignor weiss is going to be officiating a
. we look at how the president hopes to get a plan of attack on the looming fiscal cliff. plus. massive winter storm pounds the area. we have more of this video ahead. as kron 4 news at 11 continues. oh, you have a keurig vue brewer? oh, it's great! now i can brew my coffee just the way i love it. how do you do that? well, inside the brewer, there's this train that's powerful enough to carry more coffee and fresh water to make coffee that's stronger and bigger... and even hotter! actually, i just press this button. brew the coffee you love -- stronger, bigger, or hotter -- with the keurig vue. >>pam: after a meeting today with leaders of both political parties. president obama called on congress to quickly come up with a solution. to avoid the fiscal cliff. that is the end- of- the year trigger on tax hikes. and spending cuts. >> in the next few days i've asked leaders of congress to work towards a package that prevents a tax hike on middle class americans, protects unemployment insurance for 2 million americans and lays the groundwork for further work on both and deficit reduction. >>p
will there be a bargain to avert this fiscal cliff? >> the only way to stop a monster from killing our kids is to be personally involved and invested in a plan of absolute protection. >> the nr appeals a kickback after a group calls for more guns in schools to protect our kids. we'll talk to a mother, herself a victim of gun violence and an organizer with 1 million moms for gun control. >> they can keep pushing us and bumping us and moving us back. >> it's the holidays, you want to get home, but at the same time, what are you going to do? >> on this holiday weekend, thousands of flights delayed and we're watching that as the winter stom wallops the midwest and good day to you. i'm richard lui. the stalled fiscal cliff debate and the january deadline now just ten days away. president obama and his family are vacationing in hawaii and congress is on holiday recess after no new breakthrough and both sides are holding out and they'll be able to reach a deal. >> call me a hopeless optimist, but i actually still think we can get it done. >> of course, hope springs eternal and i know we have it in
elementary while we're struggling not to fall over the fiscal cliff. in terms of the timing, it actually helps her. right now, she stands like a colossus over the democratic field of candidates. it's very hard to find someone else after hillary clinton, particularly given that at least as of the moment she has 60 to 70% approval ratings. >> doctor, thank you very much. very, very happy holidays to you. >> you too, miguel. >> i want to share a little nicer lighter maybe even an uplifting story. it's about a young thor raising money to help other kids just like him. these are dr. sanjay gupta with today's human factor. >> 9-year-old evan moss is a boy who seemingly only cares about one simple thing. >> all of these all filled with pokeman cards. >> unfortunately his life isn't so simple. >> when he was just a couple weeks old, he started having these little shaky movements. it was one arm that would sort of twitch a little bit and just last a few seconds. >> robert and lisa took their son to dos of doctors appointments and he was eventually diagnosed with tuberous sker lowe row sis complex
to the fiscal cliff with our panel but first, very quickly, touch on the nra which proposed armed guards, armed policemen, at public schools to provide safety. i thought it was a straightforward, common sense idea. don't you agree with it? >> i do not, lou. i do not. did not help people at columbine. people serving as guards at school not qualified to carry weapons. the expense of it. we have 100,000 schools, say, add up $50,000 per guard. we'll get a billion dollar price tag. when we're cutting back on everything, i don't think this will protect our children. >> i think nra should have said, we should allow one person at the school to have a concealed carry permit, if they choose and if they choose to carry a gun, allow them to do that. right now the gun-free zones a ludicrous. lou, every mass murder in the united states since 1950, with one exception has taken place in a gun-free zone. that didn't work. lou: steven, your thoughts. we'll turn to one of your favorite topics. >> you know what is interesting is john fund had a very good piece putting in contest the recent history of gun violence
on the edge of a fiscal cliff after a breakdown in talks on reaching a deal. president obama and lawmakers have left town taking a few days off for their christmas health. then it's back to the drawing bord and with budgeted talks in disarray, president obama and speaker john boehner are searching for a way to avoid tumbling over. >> we move forward together or we don't move forward at all. so, as we leave town for a few days to be with our families through the holidays. i hope it gives some perspective. >> we propose plans that democrats used to support but now they won't. i don't want taxes to go up. republicans don't want taxes to go up. but we only run the house, democrats continue to run washington. >> gregg: national correspondent steve centanni joins us live from washington. >> reporter: d.c. may be some shutting down for christmas but the clock hasn't stopped and fiscal cliff is closer than ever. no deal was reached this week to keep taxes from going up. joan boehner pulled plug on the plan "b" and he says it is now up to the president and g.o.p. is continuing to hammer away at pre
each on fiscal cliff negotiations, which are stalled, as washington shut down for a holiday. mr. obama expects to return to work right after christmas. before heading to hawaii. he warned it's time for party leaders to take action. karen caifa reports from washington, where members of congress have also left town. >> the next few days i have asked leaders of congress to help work out a package. this will protect unemployment for millions of americans. >> remarks came after john boehner failed to muster up -- >> we had a number of our members who just did not want to be perceived as raising taxes. >> the two sides both left for christmas holiday and they blamed each other for not acting. they stated that more action is needed from the gop. >> we will need to have a bipartisan solution. >> the next move will need to call from the present. >> he is the only one who could door. this is not john boehners problem to solve. >> in washington, i am karen caifa. >> and now to connecticut were new details are emerging about sandy hooke elementary school gunmen adam lanza. for those who know him s
service for the late senator daniel inouye which will be held right here in honolulu. lester? >> kristen welker traveling with the president tonight. thanks. >>> for more on what going over the so-called fiscal cliff could mean for you and your family come the new year we want to bring in the "today" show financial editor. a lot of focus has been on the expiring bush era tax cuts. let's talk about the amount of money that comes out of your weekly or monthly paycheck. how will that change? >> reporter: the other thing that is expiring is the payroll tax holiday. that is very likely to go whether or not we get a deal. for americans who earn about $30,000 a year, that's going to mean a cut of $50 a month, $500 over the course of the year in their pay checks. for those who earn closer to $50,000 we're looking at a thousand dollars over the year and if you earn closer to $100,000 it's $2,000 throughout the year. >> let's talk about those expiring tax cuts. if congress doesn't act, how much of a bite is that going to take from the average american? >> well, as the man said in the piece, on ave
forward to avert the fiscal cliff. we expect the president to say that he still wants to get a deal with republicans to do that. that is still going to be time. however, that they will have to do it after the christmass3 holiday. the president plans, is planning to go to hawaii for christmas with his family. speaker boehner has left town. gone back to ohio. for the holiday. the senate is expected to come back on, on december 27th, the thursday next week, which is the earlit that they would be expected to get back to work on this. melissa? melissa: peter, who's left? sounds like it is a ghost town there. sounds basically two guys that are still left working. >> yeah, i don't know if they will be here very much longer. but listen, realistically, it's the holiday season. a lot of members, the presidt, they all made plans, and after last night with speaker boehner, pulling his pl b, it doesn't look like, there are no signs of anyegotiations or any plans for any negotiations. it looks like everyone just wants to go, be with their families and spend the holiday time together before they t
fiscal cliff. there was a flurry of action this week. in the end, still no deal. the senate is on vacation until thursday. and republican house leaders have just said that they'll be back if needed. joining me now as they do every week, cnn contributor maria cardona and amy holmes, anchor of "real news" on "the blaze." good morning to you. >> good morning. >> maria, there are still a few days left, maria. can anything get done, what do you think? >> given that it's the holiday season and i think hope should spring eternal, especially this time of year -- >> oh, my. >> and i am an optimist. i hope that a deal can get done, randi. the other thing that i think should go into the equation as to whether a deal can get done even though it hasn't up to now is republicans need to remember who won this election. and republicans need to remember what the american people wanted and whose plan they supported. and that was president obama's plan to make sure to do this, deal with the fiscal cliff in a balanced way, which included raising the top tax rates for those making more than $250,
version of a fiscal cliff deal, you know, keeping tax cuts in place for 98% of americans, extending unemployment insurance, and laying out a plan, a down payment on a promise to do entitlement reform and also made a pitch to the american people to only blame republicans if there is no deal. so it is a two-pronged attack that he makes right before taking off on vacation. so right now, you know, the plan is basically to keep the pressure on, and we know both sides are planning to come back at some point after christmas and try to get something worked out, but no overt optimism coming really from the aides on either side right now. we'll see, soledad. i will tell you folks right now are planning to make new year's eve plans here in washington, d.c. we're not so sure we're getting out of town yet. >> they should be plans you can cancel if case you have to go right back to work. let me ask a question. jessica says pressure is a great motivator. talk about pressure last night on speaker boehner, couldn't get enough support from his own party for his plan. what does that mean for any kind
ourselves here today. >> president obama did not mention fiscal cliff talks in his weekly address. the president's christmas break in hawaii may be quick. he is planning to return to washington right after christmas. brianna key lore keilar in honolulu. what happens now, is it at a standoff or are the lines of communication open during the holidays? >> well, right now, the lines of communication are open, certainly between president obama and the white house. and not necessarily speaker boehner, although there is some sort of lines of communication. but really, the ball is not in boehner's court anymore. it is president obama talking to the senate. he's talking to the senate democratic leader, harry reed, talking to move forward with some sort of smaller package to avert those tax hikes that are set to kick in. and obviously there's going to need to be some buy-in from the senate minority leader, republican mitch mcconnell. so that's where things stand. and president obama is actually hopeful that something could still be pulled off. listen. >> nobody can get 100% of what they wan
nichols, washington correspondent of "the nation" with the latest on today's fiscal cliff development, and the people who will get crushed if nothing gets done. share your thoughts with us on facebook and on twitter using the #edshow. we're coming right back. >>> welcome back to "the ed show." on a day when a community laid more victims to rest, on a day when a nation stopped just briefly to honor the dead, the national rifle association came out swinging, defiant, paranoid, and utterly tone-deaf. >> this is the beginning of a serious conversation. we won't be taking questions. >> but nra president david keene was just the warm-up act for the gun lobby's number one defender, wayne lapierre. wayne lapierre offered up a televised sales pitch to america, making the case to expand the gun market by demanding more guns in schools. >> with all the foreign aid the united states does, with all the money in the federal budget, can't we afford to put a police officer in every single school? i call on congress today to act immediately to appropriate whatever is necessary to put armed police offi
and congress. i am uma with news headquarters live from the nation's capitol starts right now. >> are we all going over the fisical cliff? there is still no deal. steve joins us from washington with the latest on thes. >> hi, uma, the fiscal cliff may be looming. but both sides are pulting the dial on hold. no deal for the tooks . at times it appeared congress was made but not the case this weekend. house speaker john boehner said he is hopeful, but none theless of as the presidentov dubbinging the fiscal issue in the stapped off. boehner delivered the gop. >> the president has offedy will not do anything to solvelet speppeding problem and begins to the crippling debt. he wants more spending and tax hikes and that will hurt our economy . he refuses to challenge the members of his family to deal with entitlementriform and the big issues that are facing our nation. president obama said a deal could be reached but that appears unlikely. he took off for hawaii and landed with his family for a shorter than usual christmas break. he said he is it a hopeless optmist. he is scaling back and pushing
leaders would now have to take the lead in finding a resolution to avert the fiscal cliff. >> how we get there god only knows. >> reporter: mr. speaker, it sounds like you're walking away from talks with the president. >> no, no, no. no, listen, i do not say that. nobody ought to read anything into this. we've got differences but the problem -- the country's got big spending problems and we've got to get serious added a dressing them. >> reporter: but this isn't the first time that something like this has happened in talks with the president. why should he have faith that when you negotiate with him that your members are behind him. >> listen, the president knows i've always been able to deliver on any promise i've made with him. >> reporter: it might sound like the smaller less ambitious package that the president is proposing tonight would be easier for the speaker to pass but it actuality might be more difficult for him to get republicans on board if it doesn't include that huge package of spending cuts that he had been discussing with the president and it almost certainly will set th
of people are expected to visit the sites. >> the fight over fiscal cliff could impact all of us at the grocery store. the battle in congress ties up a farm bill that keeps the cost of milk down. right now a gallon of milk averages $3-point 55 nationwide. but if there's no resolution, prices could rise to $6 or $8 a gallon next month. >>> federal health regulators cleared the way for the first approval of any genetically engineered animal for human consumption. the fda released the assessment saying the salmon which grows twice as fast as regular salmon is unlikely to harm the environment. the fda previously said the fish appears to be safe to eat. >> christmas has really come early in the form of a $1 million grant. an anonymous donor provided the zoo with that gift. the donor advised. the donation comes as the zoo says there will be more additions and necessary improvements. the zoo's president called the gift truly extraordinary. >> holiday travel got a bit easier today for passengers at chicago's o'hare international airport. more than 350 flights called off yesterday due to
, now, to the fiscal cliff getting closer. just ten days until everybody's taxes go up and spending cuts kick in. and washington's a ghost town with no deal in sight. talks halted until after christmas, leaving just a few days to bang out some kind of plan before the deadline. abc's david kerley has the latest from the white house. david, before leaving us on the holidays with his family, the president urged lawmakers to find some common ground for these coming days. but it doesn't seem to be happening right now. >> reporter: the president in that same message, gave up on the big deal for right now. he wants a stop-gap measure to keep taxes from going up. and a framework for a deal next year. and the president's not in this house, either. this morning, the president arrived in his home state of hawaii for the holidays. before leaving, he told members of congress to cool down. have some eggnog and christmas cookies and come back and make a deal. >> nobody can get 100% of what they want. and this is not simply a contest between parties, in terms of who looks good and who doesn't. there are
. >> thank you. >>> here's one take on the fiscal cliff. john boehner's animal house. we are bogey to talk to "the washington post" writer who says in boehner's house the animals are rampaging. what's that mean? we will have an answer for you in the next half hour. >>> nasty weather is lingering just before christmas. aaa predicts 93 million of us will be traveling long distances over the holidays. that includes those that are flying. with a hello to you. how is it looking out there? not too bad in terms of traffic behind you. >> that's exactly right. good afternoon. it isn't too bad. here chilly but sunny and no problems to report in atlanta. most major airports throughout the country are run okay. one exception may be san francisco. bus there were rain delays there earlier today. but -- traffic slowing down a few of the other airports. according to flight aware.com so far only about 70 nights cancelled in the u.s. so far today. that's a big difference from thursday and provide when that storm blew through the plains and midwest and the northeast. forcing the cancellation of more than 600
with unlimited talk and text. hurry in for a droid razr m by motorola for $49.99. >> and the fiscal cliff standoff taking a big toll on one of the key drivers of the economy, consumer confidence dropping to a five-month low. but at the same time,' same time, consumer spending was up a quarter of a percent last month according to the commerce department and we're seeing a big jump in personal income. so what does it mean and how do we compare it to the signals and what does it say about the health of our nation's economy. joining us carolyn castlebury, good to see you. what does it hean when we see that the consumer's confidence is dropping and eroding and yet, spending is going up? >> it means that many of us feel bad, but the way we handle that is to shop. we want to spend anyway and actually, this was the indicator that went up in november, .4%, the the holidays are here, people want to forget about a lot of their problems and the one thing that americans are slow to give up on is hope and sometimes when that confidence wanes denial kicks in and one translation might mean jobs. >> kelly
don't know what jefferson would have done about the fiscal cliff, anything like that. so what we can answer is what principles, what stories about his own political career or might have some bearing. um, and here's going to be -- this is going to be a frustrating answer. i think intellectually and scientifically he would have been with al gore. he would love an inconvenient truth because the science, the kind of renaissance man energy that gore brought to that, brings to that issue, analyzing both the civilizational and the scientific and the climate to logical and the economic, jefferson would have been as happy as he could be. analyzing all of that. i can see lots of charts on the wall. that's someone coming to get me. [laughter] on the other hand, so there's that. on the other hand, there was already a question in washington about conservation, about the trees on capitol hill. do you all know this? they were, basically, you know, capitol hill was wooded on both sides, the creek was running at the bottom. and, basically, farmers, timbersmen were coming in and cutting down trees on
from the fiscal cliff. this brinkenship and this sillyness that is going on that you wouldn't do in 8th grade government. >> i would only add the time for finger pointing is running out here. american people know we have a senate, they know we have a house, and they know we have a president. they are waiting to see if we solve this problem by the end of the year. >> next on c-span president obama's nomination john kerry for secretary of state. followed by the benghazi attack in libya. tomorrow on "washington journal" we will look at the so-called fiscal cliff with washington times political either it followed by a discussion by house republicans and speaker boehner's negotiations on the fiscal cliff. then a look back at the columbine shootings and lessons learned in the newtown, connecticut shooting. "washington journal" live at 7:00 eastern here on c-span. >> what is the most important issue he should consider in 2013? >> if you're in grade 6 through 12 make a short video about your message to the president. >> with your chance to win the grand prize of $5,000 and there are $50,000 in
, to pass something that takes us away from the fiscal cliff. this brinksmanship and this silliness that is going on over there, that you would not do in an eighth grade government election -- >> i would only add that the time for finger-pointing is gradually running out here. the american people know that we have a president, senate, and house. they are anxiously waiting to see whether we will solve this problem before the end of the year. >> president obama's nomination of john kerry for secretary of state is next, followed by republican senators talking to reporters about the attack in benghazi libya -- and does it, libya. -- benghazi, libya. tomorrow on "washington journal," we will look at the fiscal cliff with stephen dinan. our guest is stephen moore with "the wall street journal." then a look back at columbine shootings with david cullen. "washington journal" is live at 7:00 a.m. eastern here on c- span. >> as president obama begins his second term, what are the most important issues to consider in 2013? tell us. >> kagel you are in grade 6-12, make a video about what you wo
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